This profile outlines a promising investment opportunity in a significant renewable energy project in Bulgaria, focusing on a utility-scale solar photovoltaic (PV) plant with battery energy storage system (BESS) co-generation capability.
The project, designated “Project 1”, is a large-scale energy development centered on a 100 MW/400 MWh BESS (Battery Energy Storage System) facility. It includes a solar PV component with a base capacity of 100 MWp, which is highly scalable due to reserved grid capacity, offering potential expansion up to 160 MWp. The project is situated on a large tract of land under a long-term lease agreement and includes comprehensive technical and development documentation.
Technical and Capacity Details
Land and Infrastructure
- Total Land Area: $956,000~m2.
- Ownership/Lease: The land is owned by the Special Purpose Vehicle (SPV) and secured via a 35-year municipal lease contract.
- Topography: Flat terrain with a 1-8% southward slope, ensuring no visibility obstructions.
- Design: Technical studies and designs for a single-axis tracker system are available.
- Co-Generation: The site offers an Option BESS to optimize peak pricing and has existing nearby gas infrastructure for potential hybrid solutions.
Grid Connection
The project offers flexible and secured grid connection options, with the right of passage included in the price.
- On-site Substation: A 110 kV transformation substation is to be built on-site and will be owned by the SPV.
- Connection Options:Option 1: $6.1~km$ of underground cable to the existing EVN substation.
- Option 2: $1~km$ of overhead line to a $110~kV$ power lie
Energy Production (Estimated Annual)
Fixed System: $137~GWh/year (based on 1,745~kWh/m2 of irradiation).
Monoaxial Tracker System: $177~GWh/year (based on $2,235~kWh/m2 of irradiation).
